Taxes and Deficits

On this page you need to post how the candidate feels about the issue that you are assigned.

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Student #1- Anna Student #2 - April

Mitt's Tax Plans and Wants

Anna Crutcher:No policy area has become more sensitive or controversial then taxes. Tax policy can discourage economic activity with just a bad design, but with a good design it can be encouraged. Obama made a plan called a “balanced approach”, which means we would have to cut spending and raise taxes. This sounds like it would be good, but before President Obama made the size of the federal government bigger, the existing tax rates were more or less acceptable to pay for the needed government. Mitt Romney wants to redesign the core of our tax system, and recognizes we need to make the system simpler. Mitt believes we need to lower rates and expand the tax base so that taxation makes economic growth easier. He is a strong conservative that thinks that any American should be able to work hard and keep any money they earn. Taxes are unavoidable and need to be paid for to pay for the operations of the government. He thinks our government needs to maintain current tax rates on personal income and on interest, dividends, and capital gains. On the other hand, he thinks our government needs to eliminate taxes for taxpayers who make under $200,000 a year for those things. Another thing that Romney wants eliminate is the death tax. Lastly, Mitt wants to reduce the corporate income tax rate from 25%.

Romney's Opinion on Taxes

April Svoboda:Mitt Romney, the former governor of Massachusetts from 2003 to 2007, discusses taxes in a recent broadcast interview. Romney begins to describe some of the things that Obama is failing to fix and provide for our country. He says that, "He fails to prepare military options". He also borrowed 780 billion dollars held for unemployment. Romney seems to be bothered a lot by the worldwide issue of poverty. Mitt throughout the video has the viewers' attention and makes them laugh with some clever jokes. His personality is very contagious and welcoming to be around. He then focuses on the problem of unemployment and goes into detail of how difficult it is for citizens to deal with that complication. He is empathetic about it and says that "poverty is a national tragedy". It can rid people of their old luxuries and accustoms and leave them with withering family and faith.